NBS

Analysts react over steady drop in inflation rate

By Olaleye Aanuoluwapo, Abuja The former Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf and the President, Association of Capital Market Academics of Nigeria (ACMAN), Prof Uche Uwaleke have expressed views on the recent drop in inflation,…

Mixed reactions trail NBS’s 18.2% inflation rate

By Matthew Denis & Joshua Elekwachi, Abuja, Abuja Analysts have expressed mixed feelings over National Bureau of Statistic (NBS) Monday’s report on inflation rate, stressing that the current rate does not reflect prices of goods and services in the country.…

FG generates N496bn from VAT in Q1 – NBS

The National Bureau of Statistics (NBS) said the federal government has raked in a total of N496.39 billion from Value Added Tax in the first quarter of 2021. This represents a nine per cent quarter-on-quarter (QoQ) increase in VAT when…